The Waypoint
1857 Atwood Dr,
Pensacola, FL 32514
$1,199 - $1,325
1-2 Beds
Pensacola State College has been a major community presence in Pensacola since its inception in 1948, not only as an academic facility but also as a key cultural and economic fixture as well. In addition to the college’s scholarly resources, PSC also operates the local PBS affiliate, and the main campus regularly hosts community events, from local school functions to job fairs to concerts at the Amos Performance Studio.
Rental rates around Pensacola tend to be quite affordable whether you are close to PSC or not, so you have a lot of flexibility in deciding what part of town will provide the best balance for your lifestyle. The popular Cordova Mall is right next door to the PSC campus, and several other major shopping centers are nearby as well. Downtown Pensacola is undeniably the most popular area in town for after-hours amusement, whether you want to enjoy a steak dinner at the legendary McGuire’s, take in a Blue Wahoos baseball game at the Maritime Park, or party at the Fish House Deck or Seville Quarter on the weekends. Of course, living in Pensacola, you’re just minutes away from the sugar-white sands and sparkling waters of the Gulf Coast, and a day at Pensacola Beach is always a welcome suggestion.
As of December 2025, the average apartment rent in Pensacola, FL is $1,226 for a studio, $1,323 for one bedroom, $1,519 for two bedrooms, and $1,854 for three bedrooms. Apartment rent in Pensacola has increased by 0.9% in the past year.
Studio
444 sq ft
Average Sq Ft
$1,226/month
Average Rent
1 BR
734 sq ft
Average Sq Ft
$1,323/month
Average Rent
2 BR
1,074 sq ft
Average Sq Ft
$1,519/month
Average Rent
3 BR
1,409 sq ft
Average Sq Ft
$1,854/month
Average Rent
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
Minimal Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Public
Grades PK-5
514 Students
Public
Grades PK-5
710 Students
Cordova Park Elementary School
Public
Grades PK-5
637 Students
Public
Grades PK-5
545 Students
Public
Grades PK-5
659 Students
Public
Grades 6-8
549 Students
Public
Grades 6-8
1,159 Students
Public
Grades 6-8
1,014 Students
Public
Grades 6-8
958 Students
Public
Grades 6-8
705 Students
West Florida High School/Technical
Public
Grades 9-12
1,277 Students
Public
Grades 9-12
1,229 Students
Escambia Virtual Academy Franchise
Public
Grades K-12
177 Students
Public
Grades 9-12
1,733 Students
Public
Grades 9-12
1,870 Students
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.